Case Study: Moyi Power a Pilot for Holistic Electrification in DRC
Moyi Power is a project to deploy large solar-hybrid minigrids in three off-grid cities of 200,000 inhabitants each in north of DRC. The size and density of DRC means that it has a large potential for off-grid electrification with more than 100 cities off grid of more than 100,000 inhabitants each. The scale of these cities enables the development of bankable projects able to attract international expertise and create economies of scale to make the tariff sustainable. However, while Moyi Power is expected to reach financial close in 2024, it is the result of an international tender initiated in 2015. It seems clear that improvements will be needed to fast-forward the development of these concessions to be able to meet the urgency of DRC's potential. Moyi Power's experience in developing the first project-financed large mini grid in DRC is believed to be key to find the bottlenecks that could prevent this large-scale electrification. Gridworks has already started to collaborate with DFIs to identify these.
Key Lerning Points:
- DRC's off-grid potential
- Large-project development experiences in DRC
- Bottlenecks for the development of bankable large projects in DRC
Sabri Regragui
Business Development Manager
Gridworks
Sabri has been working with Gridworks since 2019. As a part of the business development team Sabri has been involved in project proposition review with developers and bilateral discussions with governments. He has been involved with Moyi Power since the ESSOR bid and has been focused on it since the award in late 2020. Sabri has since then been working on developing the project to bring it to financial close, including concession contract final negotiations, feasibility review, model and tariff annex development. Before joining Gridworks, he worked as a modeler at Meridiam and at RES, and brings African utility experience from his previous work as a consultant on tariff studies at ARTELIA and as an analyst at SUEZ/LYDEC in Casablanca.
Business Development Manager
Gridworks
Sabri has been working with Gridworks since 2019. As a part of the business development team Sabri has been involved in project proposition review with developers and bilateral discussions with governments. He has been involved with Moyi Power since the ESSOR bid and has been focused on it since the award in late 2020. Sabri has since then been working on developing the project to bring it to financial close, including concession contract final negotiations, feasibility review, model and tariff annex development. Before joining Gridworks, he worked as a modeler at Meridiam and at RES, and brings African utility experience from his previous work as a consultant on tariff studies at ARTELIA and as an analyst at SUEZ/LYDEC in Casablanca.